VERBAL AGREEMENT ALEKSEY GAGAUZ WITH TERAFOX CORP. ALEKSEY GAGAUZ, the sole officer and director of TERAFOX CORP. (the "Company")has verbally agreed to loan the Company funds necessary to complete the registration process on Form S-1 and lend funds to...

                                                                    Exhibit 10.1

                                VERBAL AGREEMENT
                        XXXXXXX XXXXXX WITH TERAFOX CORP.

XXXXXXX   XXXXXX,   the  sole  officer  and  director  of  TERAFOX  CORP.   (the
"Company")has  verbally  agreed to loan the Company funds  necessary to complete
the  registration  process on Form S-1 and lend funds to implement the Company's
business plan and to help  maintain a reporting  status with the SEC in the form
of a non-secured loan for the next twelve months. The loan is unsecured and does
not bear  interest  nor have a maturity  date or a repayment  provision or other
terms and conditions.



/s/ XXXXXXX XXXXXX
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XXXXXXX XXXXXX